CNO Reveals Buyback, Debt Repayment
CNO Financial Group Inc. (NYSE:CNO) has announced the repurchase of approximately 2.44 million shares in the first quarter of 2012, representing a hike from 2.35 million shares bought back in the prior quarter. During the first quarter, the company spent $18.9 million in aggregate for the share buyback at an average price of $7.75 per [...]
CNO Financial Group Inc. (NYSE:CNO) has announced the repurchase of approximately 2.44 million shares in the first quarter of 2012, representing a hike from 2.35 million shares bought back in the prior quarter. During the first quarter, the company spent $18.9 million in aggregate for the share buyback at an average price of $7.75 per share.
The company’s first quarter repurchase brings the total buyback under its $200 million share repurchase program roughly to 13.56 million shares at an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards